SBI Holdings Chairman Yoshitaka Kitao has confirmed that the Japanese financial services giant holds an equity stake in Ripple Labs, clarifying speculation surrounding the company’s exposure to XRP. The statement follows recent remarks from Ripple CEO Brad Garlinghouse. He suggested the firm has the “opportunity” to become a $1 trillion company. SBI Holdings Chairman Dismisses XRP Rumors Kitao addressed circulating claims that SBI directly holds $10 billion worth of XRP tokens
source: https://beincrypto.com/sbi-holdings-ripple-stake-xrp-valuation/